Agricultural land near Bahia
Such rural areas is where…
the UDIS is being introduced and tested.
See how to get a free report on Bahia, Ecuador below.
Cartoon about Ecuador’s new currency in Hoy. Hoy is a Quito based morning newspaper published continuously since 1982, an important publication known for its openness to different schools of thought.
One of our Ecuador contacts… an exporter sent this note about Ecuador’s new currency and the HOY article:Gary, the government is promoting a “new currency” in rural areas in Ecuador, they call it UDIS and the exchange rate is 1:1 to the dollar. They say it is not a currency but it is only a payment method. Right?
So people in these rural areas can exchange their merchandise against this UDIS. So if you like an ice cream you can pay in UDIS and that will be OK. You can also pay in dollars too. The thing about this is that with the UDIS it seems that the government is testing if they will be able at some point in the future, to eliminate the US dollar.
This is no secret. Correa has always said that he believes that the dollar is not good for Ecuador. But he has also stated that we can’t get away from it. I believe that also. Since we don’t have our own currency we are unable to have our own fiscal policy. But history has shown that Ecuador’s fiscal policies have always created dramatic inflation. Inflation could be our worst enemy.
Basically this is a wait and see policy. We won’t know if this will work and they are saying that they will test this model for about two years. The experiment is starting in rural areas and may never be big enough to replace the dollar. If so, this won’t have the effect that Correa wants.
We will have to wait and see how this ends up. Having our own currency would not be all bad. All would depend on our monetary policies. For exporters it will be a great boost.
If you read Spanish read the Hoy opinion here.
For years our published view has been that many Ecuador politicians would prefer their own currency. Inflation is often less hard to pin on a government… for awhile at least… a currency that the government could print would make the politicians look better.
Last time this was tried, the sucre fell from 3,000 sucre per US dollar to 25,000 sucre per dollar. The countries banking system collapsed. All banks shut down. The nation ran out of gas. Since then Ecuador has defaulted on government bonds… for a second time. So a new currency that was not immediately inflated would be hard to imagine.
This half way house will actually give the government some inflationary power. This may be Correa’s attempt. He is a very bright lad and a trained economist… so he may use this to bolster his popularity which suffered a bit in the recent May 2011 Ecuador referendum.
Of one thing you can be reasonably sure. As bad as the US dollar is, it is likely to be stronger than a new Ecuador currency, so if you are living there and are paid in US dollars or if you export Ecuador products… a new Ecuador currency would in the short term at least favor you.
Gary
Mid Coast tour June 16-17-18 or August 21-22-23.
Cuenca Real Estate tour July 4-5-6 or September 16-17-18.
Round up your trip with a personalized real estate tour.
Get your FREE Bahia Report here
Learn about Ecuador in North Carolina.
Quantum Thinking for Everlasting Wealth Seminar
Quantum Thinking for Everlasting Wealth Seminar. How to retire from the rat race… at any age. Where the writing, business and reading world meet.
Gary Scott teaching delegates about quantum wealth.
Learn Quantum Thinking & How to Have Everlasting Wealth with Gary and Merri Scott.
These special seminars look far beyond creating or improving your own business for income. They begin with a global economic update that helps integrate thinking of the past with the here and now of global economics.
Learn how to integrate your brain waves so you become smarter and how to gain never ending income by continually spotting contrasts distortions and trends.
The seminar is divided into three sessions.
Each session builds on the next to help you learn how to gain freedom, remove stress and earn more by combining powerful tools of thoughts and business action
Sessions One: Our global World present past and future… seen from outside the box.
Sessions Two: How to have quantum wealth and health with more intelligence with whole brain thinking through “Frequency Modulation.Saturday – How to Write.
Session Three: International Micro Business – “How to Have a Global Income “.
This seminar provides a learning funnel that integrates your personal desires, skills and circumstances to current and historical global economic realities.
Here is what you learn:
* Global economic history - how this combines with each business’s past… future… interest, skills and knowledge.
The historical review sees current markets for writers based around economic cycles as outlined first by Russian economist, Nikolai Kondratiev, who proposed a theory that Western capitalist economies have long term (50 to 60 years) cycles of boom followed by depression. These business cycles are to this day called “Kondratiev Waves”.
Kondratiev’s thoughts were refined by Austrian economist, Joseph Shumpeter, which we have extensively researched and follow the global economy (and US stock market) and how it has moved through a series of bull…. and then a bear (a period of no growth) cycles that each run around 15 year bull as shown in this graph below.
These stock market bull and bear cycles are based on cycles of human interaction, war, technology and productivity.
These cycles are a driving force in the creation of opportunity.
These cycles are intricately connected with the new waves of productivity that grow from the great human platform of combat. The cycle goes like this.
An economic downturn enhances a war or threat of war. Struggles for survival in the war (like the Civil War, WWI, WWII and the Cold War (WWIII), super charge inventiveness that creates new forms of productivity…the steam engine, the internal combustion engine, production line processes, jet engines, TV, farming techniques, plastics, telephone, computer and lastly during the Cold War, the internet.
Each new invention helped win a war. Shifting the technology to domestic use… after the war… created a boom.
Each boom leads to excess.
Each excess led to a correction. The correction creates an economic downturn.
The economic downturn enhances a war or threat of war.
The global economy is currently in a major correction cycle… at the correct time and we should expect that a war (or some major struggle of the epoch or threat of war such as the Cold War) should begin to build! This latest downturn started almost exactly (1998), 16 years after the last boom began (1982)…which began after the last great human struggle called the Cold War that lasted about a decade when the Soviet Union collapsed.
If the cycle repeats, the struggle should build now due to the poor economy. If the cycles repeat then the bottom is around 2012-2013. Everything will seem bleakest… darkest… blackest.
This will be the best time of all in decades to invest!
The epoch of the Cold War fought Maggie Thatcher and Ronnie Reagan fought the evil empire (1981 to 1989). The war was won when the Berlin Wall came down in 1989 and the Soviet Empire dissolved in 1991. That war created an arms race that created new technology including internet.
The economic war that follows the boom comes from the domestication of technology developed during the struggle.
The technological burst off WWIII accelerated when access to the ARPANET was expanded in 1981 by the National Science Foundation (NSF) which developed the Computer Science Network (CSNET) providing access to supercomputer sites in the United States from research and education organizations.
In 1982 the Internet Protocol Suite (TCP/IP) was standardized and the concept of a world-wide network of fully interconnected TCP/IP networks called the Internet was introduced. Commercial internet service providers (ISPs) began to emerge in the late 1980s and 1990s.
The dot-com bubble (also referred to as the Internet bubble and the Information Technology Bubble) was the post war boom, a speculative bubble covering roughly 1995–2000.
The next step is to decide where this cycle is and how this creates business opportunity through distortions, contrasts and trends.
Contrasts and distortions in currencies, markets and social and demographic shifts to spots trends.
For example we look at how each new wave of technology creates new problems. Shifts from WWII included increased fertilization in farming and more women at work. This caused dietary differences in the American family that led to an explosion of health food stores.
* Problems & Trends Create Income Possibilities
Surprisingly the inventors of Graham Crackers and Kellogg Corn Flakes were among some of the first to spur an interest in health food so in the 1920s and 1930s health food stores did start to open in the USA selling products such as blackstrap molasses and brewer’s yeast. However health food stores as we know them did not start to boom until the 1960s in connection to the newly emerging ecology movement and counterculture to modern living, intense fertilization, pesticides, women at work, etc.
Image the wealth you would have gained writing about that trend coming!
We explore potential counter cultures created by the internet… a WWIII technology… that could erupt and ways to write and do business based on this.
We pay special attention to economic distortions. Distortions create writing opportunities because your micro business is the best investment you can make backed by your own time, effort and energy.
Quantum Thinking For Everlasting Wealth Seminar – October 5-6-7, 2012 West Jefferson, North Carolina.
Join Merri and me. Enroll here $799. Couple $999
Another session in the seminar shows “How to have an international micro business.” These sessions are highly practical and usable. They focus on how to use modern technology to start global micro businesses with minimal investments of time and capital.
By starting small and building with stepping stones and a harmonious focus, Merri and I have learned how to almost own several profit generating phrases at Google. We, along with our webmaster David Cross share the secrets of how you can use words to create your own global income as well.
The seminar shares how we use the first four of “Seven Ps” (Person, Problem and Promise, Product) to zero in on key word phrases. Then you learn how to use the Fifth P Promise to develop new customers. The Sixth P is the Prospecting Path and Seventh P is the Presentation to create income.
We use this system successfully on the internet and share what we do with you as we look at ways you too can have a high income generating business… even if you never leave your home.
This knowledge has really helped previous course delegates. Here is what one previous delegate just shared:
“Gary , I have been working on my website, healthy-holistic-living.com site and I figure it is time for another update. It is really hard to believe it, but my site just keeps growing and growing and I am now averaging 2000 visitors per day!
“What I find to be most amazing is that in just a few short months my site is #1 out of over a million sites and sometimes even millions of sites! As you always say the internet is the ‘Great Equalizer’ anybody given the right tools can compete on the internet.“Below are some of my search results. I only listed GOOGLE and YAHOO but you can find similar results on both MSN and ASK.com.
GOOGLE:
#1 out of 1,190,000 …………………………“definition healthy spirit “
#1 and #2 out of 1,210,000.………………….“benefits to living a holistic life “
#1 out of 1,260,000 …………………………“gaining a healthy mind “
#1 and #2 out of 1,260,000 …………………“benefits to living a holistic life “
#2 out of 935,000 …………………………..“holistic lifestyle tips “
You will learn how to use the same system to expand (or start) your business globally!
This is a perfect era to increase your wealth and improve your lifestyle as you reduce stress with your own a micro writing self publishing business.
Merri and I enjoy having an international internet business and it is doing well. Almost every month our internet business sales are higher than they were in the same month a year before.
We are very thankful to be one of the most read sites in Ecuador and do very well in the US and Canada too.
May we share our experiences to help you learn how to enjoy this satisfaction and success through your micro business?
Here is a recent ranking of just one of our five websites.
This ranking from Alexa.com shows how our site is in the top 16,000 web sites in America, top 8,000 in Canada and top 500 in Ecuador. There is more. While many suffered in 2007, 2008 and 2009, the recession caused our internet business to grow.
Our seminar helps you learn how to use the same tactics we use… in your micro business.
Our sales doubled during the recession. Our list of readers increased over 100%. Since the economy picked up our business growth has slowed but business is still growing. This is how good, value oriented business grow by the way.
Value oriented micro businesses should increase steadily in good times. They do not get caught overextending in euphoria. Then during bad times they are in a position to do really well!
Knowing the micro business philosophies we follow can help you use the internet in business if you desire.
The Western economy has changed… probably forever. The old ways are gone and those who held jobs… or still have work in the private sector have lost the most.
The economy will recover… but the way people earn and work… and how the money is distributed and to whom especially… has been profoundly altered. This is especially true in value added countries like Canada… the USA and most of Europe.
We are in an era of global structural change… in economics… in society and in the way we work because technology brings us low cost administration, low cost access to data, low cost communication, and low cost travel, plus the opening of markets beyond logic that rely more on passion and experience than on efficiency and cost.
We look at these economic and structural changes, and what to do about them in the business portion of our seminar.
We’ll see how markets are shifting from materialistic needs to emotional needs.
We’ll see great opportunity for writers in the following markets:
Love-friendship-control-freedom-tradition-change-big answers-recognition and care. These are emotional needs that create expanding demand and business opportunity. The next generation is having more involvement in every step of the buying process. Uniting the body and mind is an emerging market. Natural physical health, fitness will expand but botox and insulin sales will also grow.
Mental health, retreats and spas prosper. The health of the planet is becoming a more important business.There is a shift of emphasis from GDP to GWB (General Wellness Barometer Happiness Factor). Business will operate with more passion.
Learn about other business possibilities…
In the global micro business sessions we’ll see ideas on how to:
* Create export businesses
* Self Publishing/Writing
* Internet Sales
* Ecuador Business Ideas
* Organic Business Ideas
* Health Business Ideas
* Ideas for Cuban Business
Quantum Thinking For Everlasting Wealth Seminar – October 5-6-7, 2012 West Jefferson, North Carolina.
Join Merri and me. Enroll here $799. Couple $999
The educational program Merri and I have developed uses a different form of frequency modulation that opens enormous opportunity for expansion, understanding, peacefulness as well as greater wealth.
FM teaching uses frequency (in music and with each sense… sight…. smell, tactile and even smell) to integrate brain waves so the process of absorbing, processing and recalling information is vastly accelerated. This brings forth the three C’s: Calm, Clarity and Coherence.
FM creates relaxed concentration… a key to happiness, health and success.
You learn whole brain thinking that can help improve your freedom, satisfaction and income through business.
This part of the seminar helps us integrate their brain waves so they are more intelligent, intuitive and relaxed.
This workshop shows how to get into and stay in a state of relaxed concentration… a mental state shown to enhance almost every human capability… especially writing.
Merri and I are explorers so we have used this techniques for decades. We are always looking for what’s next… trying to stay on or ahead of the leading edge and need ways to think outside he box..
This journey has helped us alter the main mission in our lives again and again… every seven to 14 years.
The Quantum Wealth Frequency Modulation sessions share ideas on how to live better…. using frequency modulation to be smarter… stronger…. more energetic… and healthier.
Most of us have never so many problems that create opportunity as those that face us now. A growing global population… depletion of natural resources and technology are bring social and financial shifts at a pace never seen before.
These shifts will rob many of their financial well being, but fortunately the same technology that is creating the change can also help you gain prosperity like you have never imagined. We look forward to sharing these riches with you.
We are in our 44th year of business and we share what we have learned and where this is leading our activities in our upcoming seminar. Join us.
Each seminar updates how we doing business globally, and even how we are investing… and why… right now. Join Merri, me
Spotting new trends and applying them to our micro business has brought us a strong and continual flow of income. More importantly the process has been fulfilling…. beneficial to society and healthy. Now you can benefit from the latest… and perhaps strongest… of all the trends we have stumbled upon.
Applying the concepts of quantum thinking to spotting trends over the past 44 years has helped thousands of our readers make and save millions. The success of our readers has been a driving force in our lives yet we have always wanted to do more so continued looking deeper at ways we can share how to have income, stability, good health and contentment.
Join us to learn our most recent experiences and most advanced concepts and ideas.
Quantum Thinking For Everlasting Wealth Seminar – October 5-6-7, 2012 West Jefferson, North Carolina.
Join Merri and me. Enroll here $799. Couple $999
